In today’s recent session, 0.77 million shares of the Sabre Corporation (NASDAQ:SABR) have been traded, and its beta is 1.88. Most recently the company’s share price was $6.14, and it changed around $0.13 or 2.25% from the last close, which brings the market valuation of the company to $1.82B. SABR at last check was trading at a discount to its 52-week high of $14.30, offering almost -132.9% off that amount. The share price’s 52-week low was $5.52, which indicates that the recent value has risen by an impressive 10.1% since then. We note from Sabre Corporation’s average daily trading volume that its 3-month average coming to 8.12 million.
Sabre Corporation stock received a consensus recommendation rating of a Hold, based on a mean score of 2.90. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 5 recommended SABR as a Hold, whereas 1 deemed it a Buy, and 1 rated it as Underweight. Sabre Corporation is expected to report earnings per share of -$0.33 for the current quarter.
Sabre Corporation (NASDAQ:SABR) trade information
Instantly SABR has been showing a green trend so far today with a performance of 2.25% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 6.41 on Tuesday, 06/21/22 increased the stock’s daily price by 4.21%. The company’s shares are currently down -30.03% year-to-date, but still down -0.25% over the last five days. On the other hand, Sabre Corporation (NASDAQ:SABR) is -14.75% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $12.50, which translates to bulls needing to increase their stock price by 50.88% from its current value. Analyst projections state that SABR is forecast to be at a low of $10.00 and a high of $16.00. In order for the stock price to hit the forecast high, the stock would need to plunge -160.59% from its current level, while the stock would need to crash -62.87% from its current level to reach the projected low.
Sabre Corporation (SABR) estimates and forecasts
Sabre Corporation share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -24.40 percent over the past six months and at a 50.23% annual growth rate that is well above the industry average of 3.80%. Moreover, analysts have decided to roll up on their fiscal year 2022 revenue estimates. The rating firms predict that it will gain 36.50% in revenue this quarter, and will report an increase of 46.00% in the next quarter. The year-over-year growth rate is expected to be 52.10%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of $641.33 million in revenue for the current quarter. 4 analysts expect Sabre Corporation to make $683.04 million in revenue for the quarter ending Sep 2022. The company’s sales for the same quarters a year ago were $396.73 million and $441.09 million respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 61.70%. Forecasts for the next quarter put sales growth at 54.90%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -40.70%.
Sabre Corporation’s next quarterly earnings report is expected to be released around May 02 and May 06.
Sabre Corporation (NASDAQ:SABR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.26% of Sabre Corporation shares, and 111.98% of them are in the hands of institutional investors. The stock currently has a share float of 113.40%. Sabre Corporation stock is held by 433 institutions, with Blackrock Inc. being the largest institutional investor. By Mar 30, 2022, it held 9.28% of the shares, which is about 30.29 million shares worth $346.16 million.
Vanguard Group, Inc. (The), with 8.95% or 29.2 million shares worth $250.81 million as of Dec 30, 2021, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and iShares Core S&P Midcap ETF were the top two Mutual Funds as of Dec 30, 2021. The former held 9.17 million shares worth $78.74 million, making up 2.81% of all outstanding shares. On the other hand, iShares Core S&P Midcap ETF held roughly 8.95 million shares worth around $81.94 million, which represents about 2.74% of the total shares outstanding.